MORALE TILES & BATHROOMS UK LIMITED
Opportunity 77/100 (strong), bankability 80/100. Strong seller-intent signal (68/100, director aged 70). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 2 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (73/100).
Refinance opportunity
2 live charges · oldest 16.1y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 16.1 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (79/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £1.28M | £1.15M |
| Cash | £128.7k | £778 |
| Net assets | £850.3k | £843.1k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
2 signals detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.
Available from the Pro tier upwards.
See pricing →Recent activity
- • 2 officers
- • 2 officers
- • 3 officers
- • 1 accounts
- • 1 resolution
Corporate timeline (33 events)Click to expand
- 2026-05-05➕ALI, Khalid Mahmood appointeddirector
- 2026-05-05➖ALI, Khalid Mahmood resigneddirector
- 2026-05-05📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-05-05📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-12-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-11-20📄resolutionresolution · RESOLUTIONS
- 2025-11-19📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-10-30➖ALI, Tariq Mahmood resigneddirector
- 2025-04-11📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-12-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-09-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-12-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-12-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-09-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-09-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-09-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-09-13📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2010-07-12🔒Charge registered #2Lender: Royal Bank of Scotland PLC
- 2010-04-13🔒Charge registered #1Lender: Royal Bank of Scotland PLC
- 2009-12-31➖ALI, Usman resignedsecretary
- 2009-05-14➕ALI, Tariq Mahmood appointeddirector
- 2006-11-12➖ALI, Khalid Mahmood resignedsecretary
- 2006-11-12➕ALI, Omar Farooq appointedsecretary
- 2006-11-12➖ALI, Omar Farooq resignedsecretary
- 2004-11-19➖FORM 10 SECRETARIES FD LTD resignedcorporate-nominee-secretary
- 2004-11-19➖FORM 10 DIRECTORS FD LTD resignedcorporate-nominee-director
- 2004-11-18🏢Company incorporatedAs MORALE TILES & BATHROOMS UK LIMITED
- 2004-11-18➕ALI, Khalid Mahmood appointedsecretary
- 2004-11-18➕ALI, Usman appointedsecretary
- 2004-11-18➕FORM 10 SECRETARIES FD LTD appointedcorporate-nominee-secretary
- 2004-11-18➕ALI, Khalid Mahmood appointeddirector
- 2004-11-18➕FORM 10 DIRECTORS FD LTD appointedcorporate-nominee-director
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Founder age: Director aged approximately 70 — succession pressure is live.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 70+: Senior director is approximately 70 years old. Natural succession window is now.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
1 med ·Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: ALI, Khalid Mahmood resigned 2026-05-05; ALI, Tariq Mahmood resigned 2025-10-30
Group structure
Morale Uk Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Morale Uk Limited Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 01/07/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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8 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.
Available from the Pro tier upwards.
See pricing →Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.
Available from the Pro tier upwards.
See pricing →Company details
Registered office
Filing status
Officers (1 active · 7 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Royal Bank of Scotland PLC | Standard security | 1 property | 12/07/2010 | — | |
| outstanding | Lloyds Banking Group Royal Bank of Scotland PLC | Floating charge | 1 property | 13/04/2010 | — |